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GENESIS LAB

Active
Private limited companyfounded 1994active for 32 yearsJozef Van Damstraat 9E, 1932 Zaventem, BelgiumKBO/BCE: BE 0453.187.166
Summary

GENESIS LAB has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,991) and a net result of €9,979. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 22,260 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Other non-specialised retail sale
NACE 47120
1 site
Size
€114,069total assets 2025
Equity
-€20,991
Profit
€9,979
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts filed 28 days late0 of 5 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€20,991Sector: Retail trade (NACE 47)lowers riskSize: total assets €114,069Liquidity: current ratio 0.65, cash €65,530Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 47, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 7-17
equity -18.4% of total assets
Liquidity 50=
short-term debt 104.2% · cash 57.4%
Profitability 47+29
return on assets 8.7%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,221 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.3%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▲ +0.2 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.5%▼ -0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.4%▼ -0.1 percentage points vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.5%▼ -0.2 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.65, compared with 0.9 in 2024, below 1; short-term debt: 104.2% and cash: 57.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 14% on solvency, 52% on liquidity, 34% on profitability and 1% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€20,991
NBB · annual accounts
lowers risk · Size: total assets €114,069
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 0.65, cash €65,530
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 22260 sector peers (2025).
NBB · sector comparison
Position among 22260 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
2 days late
2023
38 days late
2022
28 days late
2021
16 days late
2020
30 days late
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end18-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €9,979
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€20,991 View
  • Caution: Among the weakest 14% on equitysector median €41,472 · 22,300 companies -€20,991 View
  • Active since 1994founded 08-08-1994 32 years View

By topic

Financials

Financial year
2025
Total assets
€114,069
Profit
€9,979
Solvency
-18.4%
Total assets▲ 10.7%
Net result
20192025
Go to Financials

Timeline

Events
33
Since
1996
Next accounts
by 30-04-2027
  1. 07-06-2024Annual accounts filed
  2. 28-05-2023Annual accounts filed
  3. 16-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other non-specialised retail saleNACE 47120
Founded
08-08-1994
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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